Tag: Purchasing

June 20, 2010

My advice to me.

When I talk to manufacturing companies as a consultant or as a sales agent – I challenge them to be the lowest cost producer when the plant is pushing capacity and when the plant is cutting back. You want a company name on the door and people working inside and the only way to do this is to be able to keep making a product at a low margin. Effective manufacturing, increasing product mix, lowering changeover time, increasing first pass yield, increasing uptime are all highly important to remain profitable. Facilities are closing and corporations are smart enough to close the highest cost producer.

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